Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Grows By 508.3%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 21,900 shares, an increase of 508.3% from the October 15th total of 3,600 shares. Based on an average trading volume of 14,100 shares, the short-interest ratio is currently 1.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSMW. Comerica Bank boosted its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 283.9% during the 1st quarter. Comerica Bank now owns 3,904 shares of the company’s stock valued at $100,000 after acquiring an additional 2,887 shares in the last quarter. Bill Few Associates Inc. lifted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 50.5% in the second quarter. Bill Few Associates Inc. now owns 11,825 shares of the company’s stock valued at $298,000 after buying an additional 3,970 shares during the period. Raymond James & Associates boosted its position in Invesco BulletShares 2032 Municipal Bond ETF by 9.1% during the second quarter. Raymond James & Associates now owns 63,695 shares of the company’s stock valued at $1,606,000 after acquiring an additional 5,301 shares during the last quarter. Hobbs Group Advisors LLC acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 2nd quarter worth about $153,000. Finally, Precedent Wealth Partners LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter worth about $322,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Up 0.2 %

NASDAQ:BSMW traded up $0.05 during trading hours on Thursday, hitting $25.31. 185,430 shares of the stock were exchanged, compared to its average volume of 14,744. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $24.50 and a twelve month high of $26.13. The company’s 50 day moving average is $25.43 and its two-hundred day moving average is $25.36.

About Invesco BulletShares 2032 Municipal Bond ETF

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.